Question details

(1646) My question is for the Minister for Energy and Resources. My question is: what is the cost of the subsidy the state government is providing the owners of Yallourn power station to continue operating until 2028? The Yallourn power station in my electorate of Morwell has long provided and still provides 20 per cent of Victoria’s base load power every day. As we know, it is slated to close almost exactly two years from now, in 2028, yet AEMO and the Auditor-General and energy experts have warned Victoria will face certain power shortages when Yallourn comes offline because there will not be enough base load power generated by renewables to make up for the shortfall. All this is because the minister and the Labor government have led with ideology ahead of common sense and are hell-bent on ripping the state off reliable, affordable, coal-fired power before alternative power sources have been shored up. Minister, what is the cost of the subsidy the state government is providing the owners of Yallourn power station to continue operating?